Circle Internet announces plans to establish 'First National Digital Currency Bank'
2025-06-30 20:47:06

Main Idea
Circle Internet Group plans to establish a national trust bank, with its shares increasing post-market following the announcement.
Key Points
1. Circle Internet Group (NYSE:CRCL) announced plans to establish a national trust bank.
2. The company's shares increased by 2.25% post-market to $185.36 after the announcement.
3. Circle has formally submitted an application for the national trust bank.
Description
More on Circle Internet Group Shopify Vs. PayPal: Circle's USDC Momentum Is A Gamechanger For Shopify At The Expense Of PayPal Circle: How It Generates Money, Coinbase Relationship, And Why There's 50% Downside Circle Internet: Why The Genius Act Is Actually Bearish Circle Internet gets mixed Wall Street ratings as Needham says Buy, JPM goes Underweight
Latest News
- Circle: IPO Boomed, But Doesn't Match Valuation2025-07-04 12:18:46
- Strategy: Unusual Insider Purchases Support Rating Upgrade2025-07-04 08:57:58
- Asia stocks subdued, Hong Kong plunge as Trump signals imminent tariff letters to trading partners2025-07-04 05:49:33
- DeFi Development intends to offer $100M in convertible senior notes2025-07-04 05:46:20
- Grayscale Digital Large Cap Fund gets SEC nod to convert into spot crypto ETF2025-07-04 05:46:11